高盛：AI数据中心融资转向另类资产

Goldman Sachs Research: AI data centers are no longer being financed mainly by traditional corporate balance sheets.

They are increasingly funded through alternative assets like infrastructure, private equity, real estate, and private credit.

i.e. AI is increasingly becoming a real-assets infrastructure story, not just a software or semiconductor story, data centers are now being financed like pipelines, toll roads, utilities, and warehouses.